Toray Composite Materials America, Inc. (Headquarter: Tacoma, Washington, USA; CEO: Teruyuki Sakimon), a Toray Group company specializing in PAN-based carbon fiber and carbon fiber prepreg, has entered into a long-term carbon fiber supply agreement with Syensqo SA (Headquarter: Brussels, Belgium; CEO: Mike Radossich). The agreement, spanning five years, took effect in January 2026.
Through this agreement, both companies will work to enhance supply stability and resilience across aircraft, space & defense applications, thereby strengthening the global supply chain and contributing to long-term market growth.
With the recovery of global passenger demand and progress in next-generation aircraft development, the aircraft market is expected to maintain stable medium- to long-term growth. The renewal and advancement of aircraft is also continuing to progress, thus driving firm growth in carbon fiber demand.
Amid a rapidly changing global environment, Toray Group remains committed to strengthening its long-term stable supply to meet the increasing demand of carbon fiber for the aerospace industry.
About Syensqo
1. Headquarters: Brussels, Belgium
2. CEO: Mike Radossich
3. Date established: December 2023
4. Business: Syensqo develops scientific solutions that contribute to safer, cleaner, and more sustainable products used in homes, food and consumer goods, aircraft, automobiles, batteries, smart devices, and healthcare applications.
About Toray
Toray Industries, Inc., is a global leader in advanced materials innovation, comprising more than 300 affiliated companies and approximately 48,000 employees worldwide. Since 1926, we have continuously expanded our business portfolio—from Fibers & Textiles, to Resins & Chemicals, Films, Electronics & Information Materials, Carbon Fiber Composite Materials, Pharmaceuticals & Medical Products, as well as Water Treatment & Environment. April 2026 marks the 100th anniversary of Toray’s founding. In line with our Corporate Philosophy, “Contributing to society through the creation of new value with innovative ideas, technologies and products,” we will commit to delivering fundamental solutions to global-scale challenges.